CNBC and the financial press LOVE all time highs. What else would you put on the front page on a day that all is well in the world and the US stock market is at all time highs. The story writes itself when the market arbitrarily prints a few points above some prior arbitrary print. […]
Category: Why Alternatives?
03
Oct
2019
Talking Profit and Loss at Profit and Loss
RCM’s Jeff Malec was able to sit down on a panel at Profit & Loss magazine’s annual Forex Network conference here in Chicago, to talk profit and loss in the managed futures/macro space (Which sort of reminds us of the new Allstate commercial talking about being a tailgator tailgating on the way to a tailgate). […]
02
Oct
2019
Asset Class Scoreboard: September 2019
Is anyone going to be able to stop U.S. Real Estate and US Stocks? Yeeeeshh, those two classes rebounded big time in Sep, to get back into the 20%+ club. In the world of MF, there was a classic reversion to the mean after a big August, causing managed futures to drop a couple spots, […]
26
Sep
2019
There’s Something Wrong with your Unicorn IPO
It’s like Lord Voldemort himself is running around the stock exchanges these days sucking Unicorn blood to stay alive. The latest victim is Peloton ($PTON), lovingly known as a screen on a bike from those on the short side (borrowed from the camera on a stick schtick that was the GoPro IPO). It can’t even […]
24
Sep
2019
A thoughtful VIXperiment
We’ve all been rather trained to be very cautious around the VIX, you know – with infographics like this one showing you’ll likely lose all your money and VIXmageddon last February and all. But those who trade the VIX don’t just buy the VIX and hope for the best, or sell it and pray there’s […]
16
Sep
2019
Crude Traders…. Remember the Middle East?
Like a Fresh Prince of Bel Air flashback from the early 1990s, middle east violence and geopolitical fears shot back into commodity traders’ lexicon yesterday – with Oil spiking nearly 20% on news there was a coordinated drone attack against Saudi Arabia’s oil infrastructure. The fantastical headlines by the likes of CNBC followed shortly after: […]
11
Sep
2019
August Performance Snapshot
We field a bunch of calls at the start of each month asking how that hedge fund, this emerging manager, and that mutual fund did last month, and thought to simplify things for you with this categorized list of different alternative investment performance for the month gone by. Check out the August performance snapshot below: […]
05
Sep
2019
We’re back baby
It’s hard to concentrate too hard in Chicago today, you know – with the Bears and Packers facing off for the 195th time at Soldier Field tonight and the NFL taking over half the city in the hours-long buildup. If you want to talk a good long term investment, Halas bought the Bears for about […]
03
Sep
2019
Asset Class Scoreboard: August 2019
Look who’s up there enjoying the double party after a strong August. It’s Managed futures turning in the negatively correlated performance people yearn for in a bumpy month for stocks. US real estate continues to go bonkers, while commodities and bonds are perhaps the biggest surprise YTD near 10% gains. Hedge Funds, meanwhile, continue to […]
27
Aug
2019
Book Review – Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts
Man, were we excited to pick up Annie Duke’s book on game theory and how she approaches life (and poker) by thinking in bets. Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts After all, that’s what a good alternative investment strategy does. It “thinks” in terms of an asymmetric […]
